Which of the following is a long term liability ........

Accountancy (Phase -I & II) Accounting for Shares

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Which of the following is a long term liability?

Outstanding expenses

Share capital

Debentures

All of the above

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Explanation:

Debentures is a long term liability. Long-term liabilities are financial obligations of a company that become due more than one year. In accounting, they form a section of the balance sheet that lists liabilities not due within the next 12 months including debentures, loans, deferred tax liabilities and pension obligations.